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MCE Test for: Partnering Your Client With Their IRA To Buy /
                        Capitalize Real Estate

MCE Credit Hours = 5

Requirements for TREC Credit:

The following fields of information are required to verify and report credit hours earned to TREC:

1) Invoice Number of corresponding MCE PDF class - you must have
     purchased the corresponding MCE PDF class
2) All your contact information in the designated boxes
3) Your TREC Real Estate Agent number

Taking the Test:

  • CHOOSE: check boxes with "false" statements only - boxes checked with true statements are considered incorrect answers
  • START OVER: start over anytime by clicking the Reset button
  • SUBMIT: click the submit button when finished - your answers are emailed to AES
  • ANSWERS VERIFIED: AES checks your answers and emails you of passed/failed
  • RETAKE: you may retake the test as many times as necessary to pass
  • NOTIFYING TREC: when you have passed AES notifies TREC and number of credit hours earned
Test for MCE Class Titled: Partnering Your Client With
Their IRA To Buy Real Estate


First Name::
Last Name::
Phone Number::
Invoice # for Corresponding MCE Class::
TREC Agent #::
Phone #::
Street Address::
City::
State::
Zip::
Email Address::
Other::
  There are 2 types of IRA investment plans.
  There are 4 typical company sponsored tax efficient plans.
  Traditional IRA's are generally funded with pre-tax dollars and distributions are taxed.
  Traditional IRAs are generally limited to stock market investments.
  The IRA LLC provides the holder two(2) main advantages.
  Advantages of the IRA LLC include Checkbook control, Litigation protection, Ability to invest without getting permission from custodian, and Lower custodial fees.
  The most important step in setting up a IRA LLC is to locate a trusted Self-Directed Advisor.
  In all cases there is no tax consequences with the IRA LLC.
  It is best to form a LLC when you need to fund a business with retirement account or want the retirement account to have some level of ownership in the business.
  A Property Trust or Holding Company is A special type of LLC or Trust whose sole purpose is to hold title to property.
  An Enterprise one.k cannot be used in conjunction with a standard 401(k) or stand-alone.
  The 4 phases to setup a IRA LLC are: Setup, Buy, Sell, Pay.
  With a Self-Directed installment sale you should be worried about default and foreclosure.
  The following can be 51% owner of the Trust: Spouse, Son, Daughter, Parent, Grandchildren.
  Public traded stocks can be deferred in the SDIS.
  When your clients realize Self-Directed investing is a funding option, you have the opportunity to increase your earnings.
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